https://establishedfinance.co.uk/ Guides from Established Finance on business finance facilities, company charges, R&D tax relief and corporation tax. en-gb https://establishedfinance.co.uk/facility-letter-explained/ https://establishedfinance.co.uk/facility-letter-explained/ What a facility letter is, the main terms in a business loan or overdraft facility letter, what to check in each, and how it compares with a loan agreement. Information only. Wed, 21 Oct 2026 12:00:00 +0000 https://establishedfinance.co.uk/templates/company-charges-checklist/ https://establishedfinance.co.uk/templates/company-charges-checklist/ Free printable checklist for reading the charges on a company's Companies House record: find each charge, read its type, check for a negative pledge and whether it is satisfied. Wed, 21 Oct 2026 12:00:00 +0000 https://establishedfinance.co.uk/companies-house-identity-verification/ https://establishedfinance.co.uk/companies-house-identity-verification/ Directors and PSCs must now verify their identity with Companies House. What the deadlines are, what happens if one is missed or the confirmation statement isn't filed, and what to check in your facility agreement. Tue, 29 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/growth-guarantee-scheme/ https://establishedfinance.co.uk/growth-guarantee-scheme/ The Growth Guarantee Scheme gives an accredited lender a 70% government-backed guarantee on facilities of generally up to £2m. Current terms, who qualifies, what the July 2026 expansion changes, and how to access it. Tue, 29 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/covenant-breach/ https://establishedfinance.co.uk/covenant-breach/ A financial covenant has failed or is about to. What the lender can actually do, why the test date matters, what a waiver costs, when refinancing is realistic, and when it stops being a finance question. Thu, 24 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/lender-consent-refused/ https://establishedfinance.co.uk/lender-consent-refused/ Your bank has said no to a second facility. Which clause the refusal rests on, the usual reasons behind it, and the four routes that are still open. Thu, 24 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-2023-rate-changes-impact/ https://establishedfinance.co.uk/rd-2023-rate-changes-impact/ What the 1 April 2023 R&D rate changes did to loss-making tech startups: £33,350 per £100,000 of spend before, £18,600 after, and HMRC's own claim figures for Information & Communication companies. Thu, 24 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-compliance-check-timeline/ https://establishedfinance.co.uk/rd-compliance-check-timeline/ HMRC's own figure: 246 days on average to complete an R&D compliance check in 2023 to 2024, 269 the year before. The full timeline, from the 12-month opening window to review, tribunal and closure, with what the average leaves out. Thu, 24 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/second-charge-blocked/ https://establishedfinance.co.uk/second-charge-blocked/ A second lender is ready but its charge won't go on. Land Registry consent restrictions, negative pledges, a refused deed of priority, no headroom, or a missed 21-day registration window. Thu, 24 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/sector-cash-cycles/ https://establishedfinance.co.uk/sector-cash-cycles/ How long cash is really out in three sectors, from published timetables: a pharmacy's July 2026 NHS dispensing reconciled 62 days after month end, a subcontractor receiving 81.7% of a valuation on the day, and a fortnightly marketplace payout. Thu, 24 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-claim-deadlines-calendar/ https://establishedfinance.co.uk/rd-claim-deadlines-calendar/ The full set of R&D tax relief deadlines in one place: claim notification, the Additional Information Form, and the Company Tax Return claim window, each explained and sourced separately. Wed, 23 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-director-personal-liability/ https://establishedfinance.co.uk/rd-director-personal-liability/ The actual legal exposure behind an incorrect R&D tax relief claim: the company-level penalty regime under Schedule 24 Finance Act 2007, and the separate, narrower power that can make a named director personally liable. Wed, 23 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/templates/aif-field-checklist/ https://establishedfinance.co.uk/templates/aif-field-checklist/ Every field on HMRC's Additional Information Form for an R&D tax relief claim, and what evidence actually satisfies it. Free checklist to work through before you submit. Wed, 23 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/templates/deed-of-release-request-letter/ https://establishedfinance.co.uk/templates/deed-of-release-request-letter/ Free template letter requesting a lender issue a deed of release once a secured facility is fully repaid, so the charge can then be marked satisfied at Companies House with form MR04. Copy the letter below, no email required. Tue, 22 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/templates/facility-review-pack-checklist/ https://establishedfinance.co.uk/templates/facility-review-pack-checklist/ Free checklist for preparing an annual bank or lender facility review pack: covenant headroom, aged debtor and creditor reconciliation, explanations for unusual movements, and deciding the ask before the meeting. Tue, 22 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/templates/mr04-filing-checklist/ https://establishedfinance.co.uk/templates/mr04-filing-checklist/ Checklist for filing form MR04 at Companies House. MR04 marks a repaid charge as satisfied in full or in part. It does not delete the charge from the record. Tue, 22 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/all-assets-debenture/ https://establishedfinance.co.uk/all-assets-debenture/ Most UK debentures already cover all of a company's assets. What that includes, when a lender carves something out, and why scope matters more than the label. Tue, 15 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/charge-crystallisation/ https://establishedfinance.co.uk/charge-crystallisation/ A floating charge lets a business trade normally with the charged assets until it crystallises. What crystallisation actually means, what triggers it, and what changes the moment it happens. Tue, 15 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/insurance-brokers/ https://establishedfinance.co.uk/insurance-brokers/ A broker's book of renewal business is a real asset, but most facilities aren't built to read one. How commission and premium money actually move, the clawback risk on indemnity commission, and what fits. Tue, 15 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/intercreditor-agreements/ https://establishedfinance.co.uk/intercreditor-agreements/ What an intercreditor agreement actually settles between two or more secured lenders, when a business needs one, and how it differs from a simple two-lender deed of priority. Tue, 15 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/msps-tech-integrators/ https://establishedfinance.co.uk/msps-tech-integrators/ Hardware, software licences and onboarding labour get paid for before a new client's first monthly invoice lands. Why that's a different gap to SaaS deferred revenue, and what fits. Tue, 15 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/paid-media-agencies/ https://establishedfinance.co.uk/paid-media-agencies/ Agencies pay Meta, Google and TikTok today; clients settle on 30 to 90 day terms. Why that ad-spend float is a different underwriting question to ordinary invoice finance, and what actually fits. Tue, 15 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/refinancing-multiple-facilities/ https://establishedfinance.co.uk/refinancing-multiple-facilities/ Refinancing gets more complicated once more than one lender already holds security over the business. What actually has to happen before a new facility can replace or sit alongside what's there. Tue, 15 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/sic-code-accuracy/ https://establishedfinance.co.uk/sic-code-accuracy/ Companies House can now challenge, reject or remove an inaccurate SIC code under the Economic Crime and Corporate Transparency Act. What actually changed, and why lenders reading a wrong code matters more than ever. Tue, 15 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/financing-an-acquisition/ https://establishedfinance.co.uk/financing-an-acquisition/ Buying another business, a book of clients, or a competitor's assets. Why this is a direct conversation, not a self-serve facility page, and what to have ready. Mon, 14 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/supporting-growth/ https://establishedfinance.co.uk/supporting-growth/ When the business has grown past what a card, credit line or facility was ever sized for. A capacity problem, not a cash-timing one, and it needs a different answer. Mon, 14 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/existing-facility-treasury-decisions/ https://establishedfinance.co.uk/existing-facility-treasury-decisions/ Four questions that only come up once a business already has a facility in place: is there real headroom under the covenant, can security be released, which group company should actually borrow, and is it worth switching. Thu, 10 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/manufacturing-engineering-cash-cycle/ https://establishedfinance.co.uk/manufacturing-engineering-cash-cycle/ A manufacturer's cash is tied up before a single invoice exists: raw materials bought, work-in-progress sitting on the shop floor, finished stock waiting for a buyer. That's a different financing question to a services business with nothing to fund but the wait for payment. Thu, 10 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/annual-facility-review/ https://establishedfinance.co.uk/annual-facility-review/ Your bank review is coming. What gets tested, how covenant headroom is read, and why the preparation window matters more than the meeting. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/business-loans/ https://establishedfinance.co.uk/business-loans/ Looking for a business loan? Most of what's actually available for an established UK business isn't a fixed-term loan at all. Here's how to work out what you actually need before you apply for anything. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/charge-priority-explained/ https://establishedfinance.co.uk/charge-priority-explained/ The general rule for ranking multiple charges over a company's assets, and the specific clause (a negative pledge) that can reverse it. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/charges-and-insolvency/ https://establishedfinance.co.uk/charges-and-insolvency/ How a fixed or floating charge is actually treated if the company becomes insolvent, including the prescribed part carved out of floating-charge realisations for unsecured creditors. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/complex-or-misunderstood-industries/ https://establishedfinance.co.uk/complex-or-misunderstood-industries/ Why a generalist lender's model gets certain UK industries wrong, and which sectors we build our specialist coverage around because of it. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/facility-mismatch/ https://establishedfinance.co.uk/facility-mismatch/ Profitable, trading well, and still short of cash. When the problem is not the business but the shape of the facility against the cash cycle. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/invoice-cannot-be-funded/ https://establishedfinance.co.uk/invoice-cannot-be-funded/ Raised, valid, owed, and still not fundable. A sourced table of 13 common reasons a funder excludes an invoice, from disputes and contra to assignment bans, with a CSV. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/qualifying-floating-charges/ https://establishedfinance.co.uk/qualifying-floating-charges/ What makes a floating charge a 'qualifying' one, and why that specific status lets its holder appoint an administrator without going to court. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/recruitment-agencies/ https://establishedfinance.co.uk/recruitment-agencies/ Temps have to be paid for the hours they work whether or not the client has settled the invoice. The specific cash-cycle mismatch that makes recruitment agencies look riskier to a generalist model than they are. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/satisfying-a-charge/ https://establishedfinance.co.uk/satisfying-a-charge/ Repaying a secured debt doesn't update Companies House on its own. Form MR04 marks the charge as satisfied. The charge stays on the record. Here's how. Mon, 07 Sep 2026 12:00:00 +0000 https://establishedfinance.co.uk/corporation-tax-reliefs-compared/ https://establishedfinance.co.uk/corporation-tax-reliefs-compared/ R&D tax relief, full expensing and capital allowances, pension contributions, Patent Box and more, compared side by side on who qualifies, what it's worth, and how much work it takes to claim. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-additional-information-form/ https://establishedfinance.co.uk/rd-additional-information-form/ Every R&D claim needs an Additional Information Form filed before or alongside the Company Tax Return, regardless of notification status, or HMRC won't accept the claim at all. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-adviser-collapsed/ https://establishedfinance.co.uk/rd-adviser-collapsed/ The firm that handled your R&D claim has gone into liquidation, administration, or otherwise ceased trading. What to retrieve, who to contact, and why this is different to an adviser simply going quiet. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-adviser-fees/ https://establishedfinance.co.uk/rd-adviser-fees/ Percentage, fixed, or hybrid: what UK R&D tax relief advisers actually publish about their fees, checked firm by firm, with the honest finding that most don't publish a rate at all. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-adviser-gone-quiet/ https://establishedfinance.co.uk/rd-adviser-gone-quiet/ An R&D tax adviser has stopped responding mid-claim or after filing. What to check before assuming the worst, a timed checklist you can download, and the R&D dates that don't move. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-claim-rejected-or-reduced/ https://establishedfinance.co.uk/rd-claim-rejected-or-reduced/ A claim came back rejected or reduced from what was expected. That usually points to how the claim was presented, not that the work didn't qualify. What to check next. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-contracted-out/ https://establishedfinance.co.uk/rd-contracted-out/ When R&D work is contracted out, the merged scheme generally hands the claim to whichever company decided the R&D needed to happen, not whoever did the work. That's a real change for large companies specifically. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-doing-it-yourself/ https://establishedfinance.co.uk/rd-doing-it-yourself/ What filing an R&D tax relief claim yourself (with no adviser) actually involves, and a genuinely balanced read on when that fits and when it doesn't. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-due-diligence-review/ https://establishedfinance.co.uk/rd-due-diligence-review/ A funding round or sale process is putting past and present R&D claims under scrutiny. Why R&D specifically draws attention, and what a weak claim history can mean for the deal. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-evidence-and-records/ https://establishedfinance.co.uk/rd-evidence-and-records/ Contemporaneous records versus a narrative reconstructed afterwards: what HMRC actually expects to see behind an R&D claim, and the kind of documentation that makes a technical narrative credible. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-for-accountants/ https://establishedfinance.co.uk/rd-for-accountants/ A general accountancy practice with a client asking about R&D relief faces a real decision: build the competence and take on the new HMRC registration obligation, or refer out and keep the relationship without the risk. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-grants-and-rd/ https://establishedfinance.co.uk/rd-grants-and-rd/ Most published advice still says grant funding reduces your R&D tax relief claim. For accounting periods beginning on or after 1 April 2024, that's no longer correct. Here's the old rule, the new one, and the exact gov.uk wording. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-hmrc-enquiry/ https://establishedfinance.co.uk/rd-hmrc-enquiry/ HMRC has opened a compliance check into your R&D claim. What that actually means, what they typically ask for, the realistic timeline, and when to bring in specialist help. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-is-my-claim-too-small/ https://establishedfinance.co.uk/rd-is-my-claim-too-small/ A small R&D tax relief claim is still a valid claim. Why the adviser market often can't justify the fee on small work, and why that's a reason to consider filing it yourself, not a reason to skip it. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-missed-the-window/ https://establishedfinance.co.uk/rd-missed-the-window/ Missing the R&D claim notification deadline invalidates the claim for that accounting period, with no general appeal route. One narrow, dated exception exists for a specific HMRC guidance error in autumn 2024. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-overseas-costs/ https://establishedfinance.co.uk/rd-overseas-costs/ Contracted-out and agency R&D costs incurred overseas generally stopped qualifying for accounting periods beginning on or after 1 April 2024. A narrow exception survives, and cost savings alone don't meet it. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-refer-a-client/ https://establishedfinance.co.uk/rd-refer-a-client/ How R&D introducer fee-splits actually work, who ends up owning the client relationship, and who defends the claim if HMRC queries it. Three things to ask before referring, not assume. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-schemes-explained/ https://establishedfinance.co.uk/rd-schemes-explained/ Since April 2024 most companies claim via the merged R&D expenditure credit, with a separate, more generous route for R&D-intensive loss-making SMEs. What the split actually means in plain terms. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-should-i-stop-doing-rd/ https://establishedfinance.co.uk/rd-should-i-stop-doing-rd/ For a general practice that already prepares R&D claims as a bolt-on: do the Finance Act 2026 registration requirement and rising HMRC scrutiny change the calculus? The honest trade-off, not a verdict. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-three-year-rule/ https://establishedfinance.co.uk/rd-three-year-rule/ Claim notification isn't only a first-timer issue. If you claimed years ago and stopped, you can be treated as a first-time claimant again, for notification purposes, without knowing it. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-unwinding-a-bad-claim/ https://establishedfinance.co.uk/rd-unwinding-a-bad-claim/ A previous R&D claim (yours or a prior adviser's) might have been overclaimed or poorly evidenced. What proactively correcting it generally involves, and why it's treated differently to being caught. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-which-scheme-am-i-on/ https://establishedfinance.co.uk/rd-which-scheme-am-i-on/ Enter your accounting period start date, loss-making status, and R&D spend to work out whether you're on the old pre-reform rules, ERIS, or the merged scheme, and whether the R&D-intensive route is worth checking further. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/reduce-corporation-tax/ https://establishedfinance.co.uk/reduce-corporation-tax/ Every real lever a profitable UK company has for reducing corporation tax: R&D relief, capital allowances, pension contributions, Patent Box and more, weighted honestly instead of sold as one answer. Sun, 09 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/asset-based-lending/ https://establishedfinance.co.uk/asset-based-lending/ Asset-based lending secures one facility against assets, debtors, stock and plant together. How the borrowing base works, and when it's the wrong facility. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/bespoke-facilities/ https://establishedfinance.co.uk/bespoke-facilities/ When the need doesn't fit a named facility on this site: larger, multi-facility, or combining elements of several products. Why this is a conversation, not a product page. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/care-homes-regulated-healthcare/ https://establishedfinance.co.uk/care-homes-regulated-healthcare/ Care homes often run two funding streams at once (private-pay and local authority or NHS-funded) against largely fixed staffing and compliance costs. What that means for cash flow, handled carefully. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/community-pharmacy/ https://establishedfinance.co.uk/community-pharmacy/ NHS prescription reimbursement runs on its own monthly cycle, weeks behind the dispensing it's paying for. Why that's a different cash-flow shape to ordinary trade credit, and what usually fits. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/company-charges-explained/ https://establishedfinance.co.uk/company-charges-explained/ What a registered charge or debenture on the public Companies House register actually means, how to read one, and why it doesn't by itself tell you what a business can or can't borrow. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/confidential-invoice-discounting/ https://establishedfinance.co.uk/confidential-invoice-discounting/ Confidential invoice discounting UK: your customer never knows a lender's involved. How it actually works day to day, and who it suits. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/construction-retentions-cis/ https://establishedfinance.co.uk/construction-retentions-cis/ Retentions and the Construction Industry Scheme are two separate mechanisms that both delay what a subcontractor actually receives. How each works, and what genuinely fits. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/debtor-book-finance/ https://establishedfinance.co.uk/debtor-book-finance/ Debtor-book finance secures the whole debtor book as one asset class within a wider asset-based facility, alongside stock and plant. How that differs from standalone invoice finance, and which one actually fits. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/defence-supply-chain/ https://establishedfinance.co.uk/defence-supply-chain/ Most SMEs supplying UK defence work sell into a prime contractor's supply chain, not the MOD directly, and are paid on that prime's terms rather than the MOD's. What that means for working capital. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/education-training-providers/ https://establishedfinance.co.uk/education-training-providers/ Apprenticeship and Skills Bootcamps providers are paid partly on completion or outcome, not all on delivery. What that timing gap actually looks like, and what fits. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/multi-site-groups/ https://establishedfinance.co.uk/multi-site-groups/ Adding a practice, branch or franchise unit means funding a new site with little trading history of its own. How money moves in a multi-site group, what a generalist lender misreads, and what fits, with veterinary groups as a worked example. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/online-businesses-marketplace-sellers/ https://establishedfinance.co.uk/online-businesses-marketplace-sellers/ Online retailers, marketplace sellers and D2C brands usually get offered one product regardless of the business. What the real gap looks like (stock, payout timing, or genuine B2B receivables) and what actually fits. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/professional-practices-wip/ https://establishedfinance.co.uk/professional-practices-wip/ Law firms, patent attorneys, surveyors and consulting engineers carry work-in-progress rather than stock. What that means for cash flow, and why it's a different question to litigation funding. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/public-sector-suppliers/ https://establishedfinance.co.uk/public-sector-suppliers/ Selling into government, or delivering an outsourced public-sector contract, produces a different cash-cycle shape to private B2B trade: purchase orders, milestones, framework payments, and a 30-day rule that doesn't always feel like 30 days. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-advance-funding/ https://establishedfinance.co.uk/rd-advance-funding/ How a lender actually structures an advance against an R&D tax relief claim: what it's secured on, when it happens, and what they need to see first. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/saas-recurring-revenue/ https://establishedfinance.co.uk/saas-recurring-revenue/ Cash collected upfront, deferred revenue sitting on the balance sheet, and revenue recognised on the P&L are three different figures for a subscription business, not one. Why that gap can make a genuinely strong SaaS business look weaker to a generalist lender than it is. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/selective-invoice-finance/ https://establishedfinance.co.uk/selective-invoice-finance/ Finance the invoices you choose, not your whole sales ledger. Fits a business with one or two large, reliable customers among several smaller, messier ones. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/stock-finance/ https://establishedfinance.co.uk/stock-finance/ Stock and inventory finance advances cash against stock a business already holds, not against an invoice. How lenders value it, typical advance rates, and where it fits within a wider asset-based facility. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/vat-funding/ https://establishedfinance.co.uk/vat-funding/ A facility to cover a VAT bill that falls due before the cash from the underlying sales has landed. How UK VAT deadlines actually work, and who this genuinely fits. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/wholesale-fmcg-retailer-deductions/ https://establishedfinance.co.uk/wholesale-fmcg-retailer-deductions/ Supplying stock into a large retailer means paying for it before you're paid, and what eventually lands is often less than the invoice's face value once retailer deductions are taken out. The stock and purchase-order side of that gap, not a receivables pitch. Fri, 07 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/business-credit-cards/ https://establishedfinance.co.uk/business-credit-cards/ What actually decides a business credit card limit, why there's no single published number, and how multi-entity group card structures work. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/credit-lines/ https://establishedfinance.co.uk/credit-lines/ A credit line lets you draw down, repay, and draw again without renegotiating a loan each time. How it works, and what to check if you already have other finance in place. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/data-sources/ https://establishedfinance.co.uk/data-sources/ Every figure cited on Established Finance is sourced here, with a date, so you can check it yourself rather than take our word for it. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/debenture-borrowing/ https://establishedfinance.co.uk/debenture-borrowing/ A debenture doesn't automatically block further borrowing. What actually decides it, and what to check before assuming either way. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/duty-deferment/ https://establishedfinance.co.uk/duty-deferment/ Since 2021, most UK-established importers no longer need a guarantee for their duty deferment account under HMRC's guarantee waiver. Who still needs one, and what the alternatives are. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/factoring/ https://establishedfinance.co.uk/factoring/ Factoring is invoice finance with credit control included: the lender collects payment directly. How it differs from discounting, what it costs, and when the service is worth paying for. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/freight-forwarding/ https://establishedfinance.co.uk/freight-forwarding/ Freight forwarders and importers face a specific cash-flow shape: duty collected by HMRC on a fixed monthly date, disbursements paid before clients settle. What actually fits, and what a generalist lender misses. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/group-card-structures/ https://establishedfinance.co.uk/group-card-structures/ Running spend through more than one legal entity? A group card structure usually fits better than each entity applying separately. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/invoice-finance/ https://establishedfinance.co.uk/invoice-finance/ Invoice finance means borrowing against invoices you've already issued. How it works, when it fits an established business, and when it doesn't. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/overdraft/ https://establishedfinance.co.uk/overdraft/ Traditional business overdrafts have become harder to get and easier to lose. What's usually offered instead, and when an overdraft still makes sense. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-claim-services/ https://establishedfinance.co.uk/rd-claim-services/ Preparing and filing an R&D tax relief claim: what the process actually involves, what counts as qualifying work, and what to check before instructing an adviser. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/rd-tax-relief/ https://establishedfinance.co.uk/rd-tax-relief/ Get money back for work you've already done, even if it never felt like research. What counts, and how advance funding works differently for profitable companies. Wed, 05 Aug 2026 12:00:00 +0000 https://establishedfinance.co.uk/trade-import-finance/ https://establishedfinance.co.uk/trade-import-finance/ Cash tied up in customs, stock, or a long supplier chain. What duty deferment guarantees actually require since the 2021 waiver rules, and who still needs one. Wed, 05 Aug 2026 12:00:00 +0000